Recent content by klastica

Do all of your 4 trades a week come off?

Little update I did 5 trades on Friday for a loss of 48pts. So overall on the week gained 61pts. Even though just a small gain last week I feel that I learned more and developed as a trader. I am more than half way through an amazing book called 'The Disciplined Trader' by Mark Douglas. I...

What are the moving averages set to? What TF do you use mostly? I have been working with 1 hr but sometimes I find myself scalping on the hourly (which I presume is ridiculous). I notice you had quite high stops hit towards the end of the day is 50pts your usual stop? Also what is a 123 set up?

I was just joking really :cheesy:

No need to be offensive

I have seen a few people mentioning KISS when talking about trading stategy. What is it?

Could you explain your methods with a little more detail and possibly the odd chart explaining entry and exit criteria please?

A quiet week for me trading. Just one trade Monday. A nice one though 109pts on oil. Currently looking at CHF/JPY short. Thinking about placing an order 8635 with 30 pt stop. will probably leave it though. betting down into potential resistance and 50% fib and I can't monitor it. So see you...

Just one little bet in oil to add 10 pips gained That's the end of my first proper (trade with a brain) week. 15 bets 10 winning 4 Break even 1 lose gained 276 lost 52 balance = 224 for the week Quite a successful week I would say. Although the results seem to suggest very successful first...

Where can I move info about the fx500club and the fxmonkeyschool? And what is this live room that everyone on this thread talks about?

What's the difference when dealing with currencies in the Spot or the Future? I notice the future has a wider spread.

That bet with GBP/USD didn't really work out 52 pips loss (my first loss of the week) Just had a little go in oil made 60 pips

I've gone long in GBP/USD 15157 stop below the pin of the previous bar.

It feels really good when a trade goes to 1:1 risk reward and then I put my BE. But saying that it has been frustrating to see the it retrace almost exactly to my BE before shooting off again. I'm gonna stick with it though - It feels good to put in that BE stop feels like a free bet

Another little go in GBP/USD another 15 pips